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← South Belfast Alternatives

2025-03-31-accounts

South Belfast Alternatives

(A company Limited by Guarantee, not having share capital) Unaudited annual report Year Ended 31 March 2025

Company No: NI624139 Charity No: XT18195 / NIC100790

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South Belfast Alternatives Year Ended 31 March 2025

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Table of Contents

Page
Company information 1
Report ofthe Trustees ‘ 2-5
Report of the Independent Examiner 6
Statement of Financial Activities 7
Balance Sheet 8
NotestotheFinancialStatements 9-13

South Belfast Alternatives Year Ended 31 March 2025

Company Information

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Trustees & Directors

The Trustees who served the charity during the period were as follows:

Mr Edward Rainey Mr Brendan Smith Ms Laura Mathews Mrs Lisa McCloy Ms Seana Carmichael Tom Winstone

The Directors who served the charity during the period were as follows:

Mr B Smith (resigned 30 Jan 2025) Ms L McCloy (resigned 22 Sept 2025) Mr E Rainey (resigned 14 Nov 2025) Ms L Mathews (resigned 14 Nov 2025) Ms S Carmichael (resigned 14 Nov 2025) Mr T Winstone (appointed 1 Dec 2025) Rev Dr G Mason (appointed 14 Nov 2025)

Secretary Vir T Winstone (appointed 1 Dec 2025) Vis Denise Hughes (resigned 1 Dec 2025)

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Registered Office

Independent Examiner

Registered Charity No.

33 Donegall Pass Belfast BT7 1DQ

HMCI Limited

Chartered Accountants & Registered Auditors 28-30 Old Mountfield Road Omagh Co. Tyrone BT79 7BJ

NIC 100790

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Registered Company No.

NI624139

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South Belfast Alternatives Year Ended 31 March 2025

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Report of the Trustees

The trustees, who are also the directors for the purposes of company law, present their report and the financial statements for the year ended 31 March 2025.

Structure, Governance & Management

Governing Document

The organisation is a private company limited by guarantee, incorporated on 16th April 2014 and registered as a charity on 30th October 2014, charity number NIC100790. The company was established under a Memorandum of Association and is governed under its Articles of Association.

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Recruitment and Appointment of Management Committee

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. Under the

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requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting.

Risk Management

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The Board has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

Organisational Structure

South Belfast Alternatives comes under the NI Alternatives management Committee. NI Alternatives Ltd (“NIA”) has a Board of up to six members who meet quarterly and are responsible for the strategic direction and policy of the charity. At present the Board has six members from a variety of professional backgrounds relevant to the work of the charity. The Secretary also sits on the Board but has no voting rights.

Objectives and Activities

The company's objectives and principal activities are to promote a non-violent restorative community response to justice issues in South Belfast. South Belfast Alternatives will identify needs, often in partnership with local communities and other voluntary and statutory bodies, relating to safety and conflict within communities, and will attempt to heal relationships in a restorative way. At the same time, it hopes to raise community awareness on the issues affecting young people and adults who are deemed to be at risk.

The main objectives and activities of the company are to organise within the community non-violent alternatives to issues of community justice. To help and work with young people in order to resolve the problems affecting their lives.

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South Belfast Alternatives

Year Ended 31 March 2025

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Report of the Trustees (continued)

To direct young people away from destructive and dangerous practices and towards healthy and constructive activities. To enable young people to personally reflect on the potentially damaging consequences of risky and criminal behaviour. To address areas of weakness and failure within the formal criminal justice system. To heal relationships within the community and to promote better relationships between the community and statutory agencies. To work towards a sustainable model of delivery for as much of the company's services as possible.

Achievements and Performance

Mediation, Advocacy and Community Support (MACS)

Exploring a programme on Racism / Sectarianism in sport. Have met with senior management from 1FA and have a number of test cases being rolled out.

This year MACS has delivered:

Department for Communities (DFC)

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South Belfast Alternatives

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Year Ended 31 March 2025

Report of the Trustees (continued)

Positive Leadership Across South Belfast (PLUS)

Project supporting young people to develop their own knowledge, skills and confidence while also developing external relationships and networks to help them make the most of their personal development and lifetime opportunities.

STRIVE

Our STRIVE project is an SEUPB Peace Plus funded programme which aims to build capacity of marginalised & disadvantaged YP aged 14-24 to build a shared and safer society for themselves, peers and future generations. 12 young people from a different area are recruited every 6 months to complete an intensive Good Relations and Personal Development Programme.

Across the Divide

Our Across the Divide group is a follow-on from our YAP project and has young people from Donegall Pass, Sandy Row and the Market areas coming together to explore community and the challenges of being a young person in a socially deprived inner-city area, addressing issues that matter to the young people. 10 young people engaged in a series of Good Relations Activities.

Breaking the Ice

Breaking the Ice was a collaboration between the Belfast Giants, PSNI and South Belfast Alternatives. We brought together young people from our Across the Divide Project along with our STRIVE participants for a cross-community leadership and skills development programme with 20 young people from Donegall Pass and Markets areas over a 5- month programme.

Inner South Neighbourhood Partnership

Our annual Inner South Christmas Fest is a collaboration between the partners of the Inner South Neighbourhood Partnership and saw all three areas coming together in a joint Good Relations initiative to bring residents together at the Gasworks Interface site for fun and activities to better connect the residents of the areas. This initiative also enabled us to enable and develop residents as volunteers at the event, building not only their skills but their capacity to engage across the interface.300+ people attended the event this year.

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South Belfast Alternatives Year Ended 31 March 2025

Report of the Trustees (continued)

Directors' Responsibilities

Company law requires the directors to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the charitable company and of its financial position at the end of that period. In preparing these financial statements, the directors are required to:

The Directors have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement of Disclosure of Information to Examiner

Examiner

In accordance with Article 382 of the Companies Act 2006, a resolution proposing that HMC! Limited be appointed as independent examiner of the company will be put to the Annual General Meeting.

Registered office

Donegall Pass BelfastBT7 1DQ

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Signed by order of the trustees
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U4 y a ]
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Tom Winstone Secretary

Date: 02/12/2025

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| South Belfast Alternatives Year Ended 31 March 2025 | independent Examiner's Report To The Members of South Belfast Alternatives We report on the accounts of the company for the year ended 31 March 2025 which are set out on pages 7 to 13. | RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER | As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. : Having satisfied ourselves that the charity is not subject to audit under company law, and is eligible for : independent examination, it is our responsibility to: | eexamine the accounts under section 65 of the Charities Act; | e follow the procedures laid down in the general Directions given by the Charity | Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and estate whether particular matters have come to our attention. | BASIS OF INDEPENDENT EXAMINER'S REPORT | We have examined your charity accounts as required under section 65 of the Charities Act and our examination | was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland | under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by | the charity and a comparison of the accounts presented with those records. It also included consideration of any | unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. | Our role is to state whether any material matters have come to our attention giving us cause to believe: | 1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006; | 2. That the accounts do not accord with those accounting records; 3. That the accounts do not comply with the accounting requirements of section 396 of the companies | Act 2006 and with the methods and principles of the Charities Statement of recommended Practice | applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; 4. That there is further information needed for a proper understanding of the accounts to be reached. | INDEPENDENT EXAMINER'S STATEMENT | | can confirm that | am qualified to undertake the examination because | am a registered member of Chartered | Accountants Ireland which is one of the listed bodies. | | have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in | connection with following the Directions of the Charity Commission for Northern Ireland, | have found no matters | that require drawing to your attention.

Mr Rodney Hamill BSc FCA HMCI Limited T/A Hamill Mcllwaine 28-30 Old Mounifield Road Omagh BT79 7BJ Date: 02/12/2025

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South Belfast Alternatives

Year Ended 31 March 2025

Statement of Financial Activities

(incorporating an income and expenditure account)

Unrestricted Restricted Total
Funds		 Total Funds
2024
2025
Notes £ £ £ £
Income and endowments from:
Donations and legacies 3 10,234 12,908 23,142 73,918
Total Income and endowments 10,234 12,908 23,142 73,918
Expenditure on:
CharitableActivities
Total Expenditure		 4 (7,184)
(7,184)		 (18,589)
(18,589)		 (25,773)
(25,773)		 (52,059)
(62,059)
Net income / (expenditure) for 3,050 (5,681) (2,631) 21,859
the year
Transfers between funds ° . ° °
Netmovement in funds 10 3,050 (5,681) (2,631) 21,859
Reconciliation offunds:
Totalfunds broughtforward (1,326) 8,538 7,212 (14,647)
TotalFundsCarriedForward 1,724 2,857 4,587 7,212

Allincome derives from continuing activities, therefore no statement of recognised gains or losses is given.

The notes on pages 9 to 13 form part of these financial statements.

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| NET CURRENT ASSETS 3,086 2,930 | NET ASSETS 4,581 7,212 | | Represented by: || RestrictedUnrestrictedFundFunds 14 2,8571,724 (1 228)8,53 | 4,581 7,212 | For the year ended the year ended year ended ended 31 March 2025 2025 the company was company was was entitled to exemption from audit under section section 477 of the the Companies Act 2006 relating to small companies. | The members have not required the company to obtain an audit of its financial statements for the year ended | 31 March 2025 in accordance with Section 476 of the Companies Act 2006, || The directors acknowledge their responsibilities for:

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South Belfast Alternatives Year Ended 31 March 2025

Balance Sheet

as at 31 March 2025

||||Note|2025
£|2024
£
£| |---|---|---|---|---| ||
Fixed Assets||||| |||Tangibleassets|8|1,495|4,282| ||
||CurrentAssets
Cash atbank and in hand||4,852|4,696| ||||4,852|4,696| ||Creditors: amounts falling due within one|9|(1,766)|(1,766)| ||year|||| |||NET CURRENT ASSETSCURRENT ASSETSASSETS||3,086|2,930| |||NET ASSETSASSETS||4,581|7,212| ||||||| |||Represented by:|||| |||
||UnrestrictedFundFunds Funds
RestrictedUnrestrictedFundFunds FundFunds|14|1,724
2,8571,724|(1 228)8,53228)8,53
8,53| |||||4,581|7,212|

For the year ended the year ended year ended ended 31 March 2025 2025 the company was company was was entitled to exemption from audit under section section 477 of the the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for: (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

These financial statements were approved by the members of the committee and authorised for issue on the 24 December 2025 and are signed on their behalf by:

Tom Winstone Uz (Qut—s

Company Registration Number: NI624139

Charity Registration Number: NiIC100790

The notes on pages 9 to 13 form part of these financial statements.

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| South Belfast Alternatives | Year Ended 31 March 2025 | Notes to the Financial Statements | 1 COMPANY INFORMATION | South Belfast Alternatives is an incorporated charity registered in Northern ireland, with its offices located at, 33 | Donegall Place, Belfast, BT7 1DQ.

| 2 ACCOUNTING POLICIES | The principal accounting policies adopted, judgements and key sources of estimation in | the preparation of the financial statements are as follows: | a) Basis of preparation | The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the | Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - | (Charities SORP (FRS 102), and the Companies Act 2006.

b) Preparation of the accounts on a going concern basis Due to the level of reserves in place the trustees assess that the charity is a going concern.

c) Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes.

General funds may be transferred to designated funds where Trustees wish to use these funds for a specific purpose. Such funds may be transferred back to general funds once the criteria for the designation have been met or are no longer applicable.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of restricted funds is set out in the notes to the financial statements. Restricted funds may only be transferred to general or designated funds once the criteria for restriction have been discharged or no longer apply.

d) income Recognition Policies

Items of income are recognised and included in the accounts when all of the following criteria are met:

e) Donated services and facilities

In accordance with the Charities SORP 2015 (FRS 102), the general volunteer time of supporters is not recognised.

f) Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

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: South Belfast Alternatives | | Year Ended 31 March 2025

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| j) Tangible Tangible Fixed Assets Assets individual fixed assets are capitalised at cost and and are depreciated over their estimated useful economic | a straight line basis as follows: | Asset Category: Annual Rate | Fixtures & Fittings 25% Straight Line | The carrying values of tangible fixed assets are reviewed for impairment when events or circumstances indicate the carrying value may not be recoverable.

| k) Debtors | Trade and other debtors are recognised at the settlement amount due after any trade discount offered. | Prepayments are valued at the amount prepaid after taking account of any trade discount due. | 1) Creditors and Provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event | that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can | be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement | amount after allowing for any trade discounts due. | m) Financial instruments

Notes to the Financial Statements (continued)

2 ACCOUNTING POLICIES (continued)

g) Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

h) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening the deposit or similar account.

i) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated to expenditure on charitable activities.

j) Tangible Tangible Fixed Assets Assets individual fixed assets are capitalised at cost and and are depreciated over their estimated useful economic lives on a straight line basis as follows:

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at the carrying value plus accrued interest less repayments. The financing charge to expenditure is at a constant rate calculated using the effective interest method.

n) Taxation

The company is a registered charity and the charitable tax exemptions are therefore being claimed to the extent that income and/or gains are applicable and applied to charitable purposes only. These exemptions will remain in place as long as income and expenditure is applied to charitable purposes only.

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South Belfast Alternatives Year Ended 31 March 2025

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Notes to the Financial Statements (continued)

3 Income from Donations and Legacies

Unrestricted Restricted 2025 2024
BelfastCityCouncil
GVRT		 250
1,121		 1,000
3,148		 1,250
4,269		 -
4,263
NIA 6,867 592 7,459 55,201
Cooperate Ireland
TheOpen University
PHA
Radius Housing		 ~
1,000
-
-		 -
-
-
-		 -
1,000
-
-		 2,500
2,000
2,752
384
NIHE 996 250 1,246 -
Other - 7,918 7,918 818
TWN -
10,234		 -
12,908		 -
23,142		 4,000
73 918

4 Costs of Charitable Activities by Fund Type

Total Total
Unrestricted
£		 Restricted
£		 funds
2025		 funds
2024
£ £
Charitable activities 7,184 18,589 25,773 52,059
7,184 18,589 25,773 52,059

5 Results for the year

The results for the year has been arrived at after charging the following:

Depreciation

2025 2024
£ £
2,787 -

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South Belfast Alternatives

Year Ended 31 March 2025

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Notes to the Financial Statements (continued)

6 Analysis of staff costs:

No salaries or wages have been paid to employees, including the members of the committee (see note 6).

None of the trustees receive remuneration or other benefit from their work with the charity.

7 Related Party Transactions

During the period South Belfast Alternatives Ltd received funds from Northern Ireland Alternatives Ltd, a related party, to fund a range of projects. In addition, the staff who delivered these projects are paid directly by NI Alternatives. NI Alternatives also pays for certain administrative costs for the company.

8 Tangible Fixed Assets

Fixtures Total
& fittings
£ £
As at 1 April 2024
Additions		 11,148
-		 11,148
-
11,148 11,148
Depreciation
As at 1 April 2024
Charge for the year		 6,866
2,/87		 6,866
2,787
9,653 9,653
Net Book Value
As at 31 March 2025 1,495 1,495
Asat31March2024 4,282 4,282

9 Creditors: amounts falling due within one year

2025 2024
£ £
Accrual 1,766 1,766
1,766 1,766

10 Analysis of movements in funds

Opening balance Incoming Resources Transfer Total funds at
£ resources expended between 31 March
£ £ funds 7028
General fund (1,326) 10,234 (7,184) - 1,724
Restricted fund 8,538 12,908 (18,589) - 2,857
1,212 23,142 (25,773) - 4,581

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South Belfast Alternatives Year Ended 31 March 2025

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Notes to the Financial Statements (continued)

11 Analysis of net assets between funds

Tangible
Fixed
Assets		 NetCurrent
Assets
E		 Total
E
Unrestricted Income Funds 1,495 229 1,724
Restricted Income Funds - 2,857 2,857
Total 1,495 3,086 4,581

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South Belfast Alternatives Year Ended 31 March 2025

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Management Information

The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on page 6.

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| South Belfast Alternatives | | Year Ended 31 March 2025 | Detailed Statement of of Financial Activities

Detailed Statement of of Financial Activities

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INCOMING RESOURCES

|||INCOMING RESOURCESRESOURCES||| |---|---|---|---| ||||2025|2024| ||
£
£|||| ||
Belfast City Council
1,250
-|||| ||GVRT|4,269|4,263| ||NIA|7,459|55,201| ||Cooperate Ireland|-|2,500| ||The Open University|1,000|2,000| |7|PHA|-|2,752| ||Radius Housing|-|2,384| ||Other|7,918|818| ||NIHE|1,246|-| ||TWN|-|4,000| ||Total Income|23,142|73,918| ||EXPENDITURE CHARITABLE ACTIVITES||| ||Office expenses|918|743| ||Travelling|187|-| ||Bank charges|185|195| ||Miscellaneous|-|15| ||Depreciation|2,787|-| ||Programme costs|21,696|51,106| ||TOTAL EXPENDITURE|25,773|§2,059| ||NET(OUTGOINGYINCOMING RESOURCES|(2,631)|21,859| ||FORTHEYEAR|||

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